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23 <br /> Exhibit B — draft sales tax master agreement for CH-C Schools <br /> s*h draft of March 23 <br /> Prepared by and return after recording to: <br /> Robert M. Jessup Jr. <br /> Emily S. Jessup <br /> Sanford Holshouser PLLC <br /> 209 Lloyd St., Suite 350 <br /> Carrboro, NC 27510 <br /> STATE OF NORTH CAROLINA ) <br /> MASTER LEASE <br /> ORANGE COUNTY ) <br /> Brief description: <br /> PIN: <br /> THIS MASTER LEASE is made and entered into as of July 1, 2026, by and <br /> between Orange County, North Carolina, a political subdivision of the State of North <br /> Carolina (called "Tenant"), and The Chapel Hill-Carrboro City Board of Education, a <br /> board of education organized and existing pursuant to N.C. Gen. Stat. Chapter 115C <br /> (called "Landlord"). <br /> RECITALS <br /> Tenant and Landlord have agreed to co-develop the construction, renovation <br /> and improvement of some or all of the schools owned by Landlord. As part of the co- <br /> development of the identified projects, Landlord shall Master Lease identified school <br /> 1 <br />